Iran has expressed an interest in buying rice from Thailand once again as part of an effort to boost bilateral trade in the next five years. The meeting did not go into details, but Gen Prayut did ask for information regarding a previous rice agreement reached by both countries, Lt Gen Werachon added. With a population of about 80 million, Iran is a potential target in the Middle East for expanding trade. Thai exports to Iran were valued at $217 million and imports from Iran into Thailand at $92 million. In a meeting with Asian business leaders yesterday, Gen Prayut urged closer cooperation between the public and private sectors to bolster Asian growth.

Source: Bangkok Post October 09, 2016 21:33 UTC